SD next time when you interview any bullion dealer, can you ask them if we were to pay online through our banking, and in the future, if the IRS or any government agencies ask for all bullion dealers to hand over all their records of all their customers , would they comply and do it? I am not sure if I am the only one here that is concerned about it, but I don't buy online for this reason, always shop at local coin store. Ask SD Bullion this especially, cuz they are one of the biggest, I want to hear what they say. If you all reading this wants Silver Dragon to asks this, click the thumb up button to bump up the comment!
@@bobstiger435 yeah man. I purchased a reverse proof eagle set back in 2013 I think but the quality was superb. They even gave me several nice display boxes. Makes me nauseous how low the USmint has fallen. I've seen recent gold proofs w obvious errors.
He is awesome, glad you got him on. Wanted to add, I was having a tough day a week ago and when I got home and checked my mail I had a sweet surprise, a Silver Dragon Silver Back, I was a winner, perfect timing, fun surprise. Thanks for what you do.
...another great one as usual. I received my Silver Dragons/Silver Back in the mail yesterday. It is wickedly awesome! All of my family members oohed and aahed over it. I ordered a silver and black currency sized picture frame for it. Can't wait to display it! Thank you Silver Dragons & BullionMax for the amazing prize!
Interesting content. Is it still advisable to leave idle money in a savings account at an average interest rate of 0.85%? I want a better way to diversify my portfolio and with current inflation, crypto gain taxes are no joke. I also have to ask, due to the current crash in stock prices, housing, and the financial market in general, I would like to know the most efficient way to make my money work for me without falling due to market fluctuations as we are in a bear market. Any tips?
I've been thinking about the market for a year now and most people wouldn't know what to do because this is their first bear market, after hitting an all-time high, it would be so sad but then have you tried contracting a cfa to establish a diversification plan? Basically, I just made my first $100,000 in a time of high Fed pivots, you should consider investing in mutual funds like Vanguard, Schwabs, or Fidelity. Crypto is also good because the returns are quite high, but to be on the safe side. Choose stock-based mutual funds
@@mondior5566 i should retire in a few months, so any tip would be nice, and yes i have also tried to get a cfa but it is hard to find one that truly grasps the entirety of the different sectors, i am very open minded plus if i can't have it all then there is no point, if you get what I mean
@@mikemike1200 sure it took a while to find the right cfa for me but it has been up from there honestly, my cfa has been great so all my profit margin success is just honestly him
@@mondior5566 That must be nice, after all these past months I have lost over £103k I need to get to your cfa, I really need a good diversification option right now and I would appreciate it so much
@@mondior5566 I can't place where I heard that name, but I’m sure it is familiar, I have been hesitant because of the bear market and crypto tax in my country, I did this last year, only to miss out on a lot of good projects and I wouldn’t be happy if I repeat that same mistake. so you can understand my haste. I got a little more than £127k in my HYSA(Savings Account), I know it needs proper management cause I need my money to work for me, I can’t just have money sitting there for nothing.
bullion max is extremely high on silver, my lcs is only 2.50 over spot. what is with the high premiums with online dealers? they should be cheaper than a brick and mortor store.
getting frustrated with the "click words" like EXPOSE !! your channel is one of the best out there .. doesn't need any key words IMHO ... thanks for all your hard work !!
Their mailing process doesn’t impress me. Not safe in my opinion. Now if they would mail my order in a box 📦 that would change my mind about them, otherwise they are sufficient in quality, etc.
Thinks for sharing that. I got my first package this week and you are correct, it's like Christmas in January. Looking forward to more Christmas mornings. 👍
Isn't it odd that when silver was around $17 per oz that Eagle premiums were such that the per coin price was $34. Now that spot is $24ish the per coin price is still $34? Market manipulation???
I remember ordering some silver Brits online and the package was accidentally sent to my next door neighbor instead. Fortunately, my neighbor knew the package wasn't his so he delivered it to me in person. I mostly blame the postal service carrier since USPS is crap in my area, but I never have this issue with UPS or the other carriers. This is why I usually prefer to buy PMs in the shop imo😄
Wow! The same happened to me. I literally had to call USPS and they found the carrier and sent him back to my building (NYC). He was defending his job and believed he did everything right UNTIL he opened the mailbox... Low and behold he gave it to my neighbor (She stole another package from me and when i knocked on her door she handed me my package😐). May have to go in person as well. 😏
Just thought I'd put this up. The A E's are being counterfeited out the butt. I got my first one's Nov. 22. Weight was spot on, not magnetic, Reed was missing at the sun too. Diameter was off just a tad , thickness too so I tested my calipers on a burnished from the mint. Would not pass ping test. What caught my eye on my fakes was the sun's small ray at 9 o'clock was missing on every one. I got my money back and did not have to return the fakes. They were not cheap either, . Watch out who you buy from!😛😛
Well I'm one of those that don't have a coin store in the town I live in. The nearest one is an hour and a half away. So my only option is bullion dealers. I haven't ordered from Bullion Max yet. I did win one of the Silver Dragon silver backs. It is beautiful!!! I've been looking at bullion max lately I may pull the trigger next time I buy. Great video, great information. Thanks. Keep on stacking brother!!!
Hey S.D. just wanted to shout out bullionmax and yourself and say thanks just got my Silverback from the giveaway. So amazing, thank you so much bullionmax!!!
BMX was crazy fast with my orders, even with a new ACH as a first buyer there, during Christmas rush. I like my Silverback, too. My spouse always looks a bit angry when I get a "surprise gift" in the mail. But she knows I'm buying money instead of trash.
I sold off 100 Maples , Philharmonic, Roos and Elephants , along with some silver rounds last week. I travel from central to south Florida every week so I called 20 coin shops including some I’ve patronized for years….You get the same amount upon LCS buyback for low premium coins as low premium rounds…The best silver to buy is the least expensive 1 oz rounds in tubes. However selling to a fellow stacker (which I did) you at least get a retail premium , and your coins are more desirable than rounds.
Never thought I'd see any other site be higher than Apmex, but BillionMax certainly takes the crown now, absolutely overpriced more than any site or LCS I have seen. Pathetic, especially coming off the silver lows and high premiums we just experienced the last couple of months. They should have their ish in order. $30 buffalo rounds is terrible, absolutely terrible!
We may be entering a period where the liquidity of our metals should be under greater scrutiny. Also allocate by weight rather by USD matrices. Your silver portfolio should be that equal or above the GSR in order to establish maneuverability within the physical market. (Suggestion)
The gold to silver ratio GSR based on or by market value (not out of ground) is basically how much one product is paired to another (in this ounces of silver to a single ounce of gold). As of today 3/27/23 the GSR is about 85:1 (84.9 I rounded up). So for every 85 troy ounces of silver it is equal to a single troy ounce of gold. If you have for example 120ozt of silver, you are ahead of the GSR by 35ozt (one kilo). Which you could possibly allocate another half ounce of gold and have 3ozt of silver remaining.
@bobbyagee3796 Thanks for the information. If I understand you correctly, I can figure out the GSR by dividing the price of gold by the price of silver, and this is the GSR?
I love my online bouillon dealer.. I tell them what I want and they send it to me on a payment plan for zero extra cost. I have gotten 1000 dollar plus coin without any payment made. At the same time I always pay fast and I have been with them for a couple of years now. It's almost as a personal relationship as I have with my lcs but my last wants all the money at one time.
Eagles have high premiums, only because people will pay it. I’m done with it until premiums come down, meaning people refuse to pay it. That may mean that I’m done, period. I have plenty... would like more, but not at that premium.
Did y'all miss that? I call BS! You agree that the premium on Eagles starts at $2.35 at the Mint. And the we jump to "our price is $17.50 but we don't make anything on that" and you don't explain?? If you don't make anything, whotf does? Hey SD, please ask the hard questions! Shipping, middlemen, codb, all apply to every product! C'mon Man! Tell us where the other $15 go ON EVERY COIN.!
Keep hearing this advice about the big bars. So, why should we "Keep stacking" if the LCS can't handle buying back 1 kilo? And I'm supposed to believe that they'll buy back more than they have to, to maintain the facade? Someone show me this big silver sale back to the LCS. Let me see them buy 100 Silver Eagles back for over spot. I don't think it will happen. Drive far to the next one, they almost certainly warn and coach each other about shoppers. Car dealers do. I know.
My local coin shop wanted 6 bucks an oz on silver spot prices the other day. It didn't matter if it was generic poor's of any size, bars of any size or buffalo rounds, anything else was 10 to 13 bucks an oz over spot. Is this normal?
I have a coin shop a mile up the road from my home. I have been buying silver rounds for $2.00 over spot and maples and eagles at $29.00 for 1ounce coins. Is this a decent deal?
Great video. I wasn't born yesterday. The on-line dealers make plenty of money on premiums. Of course, some will gaslight you into thinking that they do not. You will never get the premiums that the dealers get, when you sell your own metals back. It is a shame really.
All the coins stores around my area are making margins on both sides. They sell for a premium, and buy below spot regardless of the coin. It's frustrating....
I found it is cheaper to buy from a legit coin dealer but through eBay there is no shipping charge! Which is a big deal it adds too much to your purchase and eBay has no shipping but only the legit coin shops!
If you live in the UK then buying silver is not a great idea. All bullion deals except Gold that is legal tender are subject to VAT and/or Capital Gains Tax. I'm buying Gold Britannias. If the price at around £1600 each is a problem then consider Sovereigns.
I just started buying silver and have done it through a reputable dealer on ebay cause of the price diference on their web site, but also started to see silver and gold being sold on tiktok and at much lower prices ( 2-3 dollars over spot) has anybody bought on tiktok please chare your comments
The Margin on the One ounce silver kangaroo coin is in excess of 20 % , a bit much ! On a Canadian silver coin as much as 40 % plus and when you sell , well you get the spot price less the 5 % or so Margin , one will have to wait for a 50% jump before to break even , Sad !
What about discretion on my purchases.. Let's say,I buy $500 of lower premium silver.. I don't want anyone to know what that $500 purchased.. How does it show up on my statement
This dragon is sort of cool I watch others pour silver into whatever this dragon would look coin on a coin, do you have it? If not if you showed us pouring it and offering well I bet you could not keep up with supply yet it is a quick cash dump I would buy it. When I look at silver content creators merch it is usually cups and t-shirt heck I want coins
In the first two months of the year, my money increased from a quarter of a million to a million dollars, all because of a trustworthy broker that reputable stock market sharks suggested to me. You may diversify at any age, so start now.
Annette is the best person to go to if you want to invest in stocks; since she started investing for me and started with 600k, my stock portfolio has grown to around $6 million. Working with the correct group or individual is the key to every successful journey.
Guys, Here is what you do when you decide to Liquidate your silver. YOU BECOME A DEALER and SELL IT .25 cents less than the market. Set up a website, sell it as a business! Its easy.
I love eagles and maple leafs and Britannia's and anything Perth mint and philharmonix and kangaroos and Buffalo's and alot of the fun stuff....If it's silver or gold I like it!
When I first started SD was in that list of less expensive, but in the last year or so, you are correct they have moved up into the more expensive group.
Check out Celtic Gold. Good prices, very honest, arrives within 7 days. I'm new to stacking. Someone recommended Celtic Gold to me. As far as I can see, they are the lowest price on coins.
I was stacking American Silver Eagles but then the premium got too high. I would have had to wait too long for silver appreciation to break even. This year I am building my rounds because to sell my LCS pays spot for a round and only pays one dollar over spot for the Silver Eagles. Why am I going to pay nearly $17 over spot only to get a dollar back?
I usually prefer to buy 10oz or 100oz bars. But I have purchased a significant amount of 1oz Silver Eagles and silver rounds. Shop around and find a local coin shop or Bullion dealer: not shipping, not insurance.
Bullion max is always out of stock of dam near everything. Been checking for the past 2 months and always says out of stock on 90% of all of their stuff. I never have this problem with SD Bullion or Money Metals Exchange. I’ll pay a premium with them because they always have product in stock.
SD Bullion wants the same for e-checks.. use Plaid to process and that includes giving them your cking acct password (I don't have prob w/ acct # & routing #). Called my bank (is a large banking syst), they said they don't 'honor' them. I take that as a do at your own risk, you want to give out your password your on your own. Otherwise any fraud on my accts they are good at handling. So, NO! I do think they (Plaid) handled a verification of acct somewhere else (they deposit two small amounts, you verify the amounts and then they reverse/take back the amounts and your verified). No prob doing that either (have several times over the years [Ebay for one]).
Silver is silver, go generic LOL … when you sell they look at weight nothing else. Also if your selling silver there gonna eventually melt it so why worry about the cute designs on silver. 😅
Why do these people sell gold and silver for fiat if the dollar is such a horrible thing? Why don't they keep it instead of selling something of worth for something that isn't worth much?
![เปิดใจ "อาจารย์เบียร์ คนตื่นธรรม" อดีตเคยสุดทุกทาง ถ้าใช้หนี้หมดไปบวชแน่ l [Nickynachat]](http://i.ytimg.com/vi/IxeE0xVhy08/mqdefault.jpg)
SD next time when you interview any bullion dealer, can you ask them if we were to pay online through our banking, and in the future, if the IRS or any government agencies ask for all bullion dealers to hand over all their records of all their customers , would they comply and do it? I am not sure if I am the only one here that is concerned about it, but I don't buy online for this reason, always shop at local coin store. Ask SD Bullion this especially, cuz they are one of the biggest, I want to hear what they say. If you all reading this wants Silver Dragon to asks this, click the thumb up button to bump up the comment!
Bumping for interest
What do You do when You live in the country? Spend 50.00 on gas to go to the local Coin dealer?
@@chanceberg832yes
Hey SEAN. NICE TO C U ON HERE!!! Thank you for helping me!!!!
I'll stack anything but eagles until the US Mint gets their quality control right. They are sloppy AF
Bad quality too
@@bobstiger435 yeah man. I purchased a reverse proof eagle set back in 2013 I think but the quality was superb. They even gave me several nice display boxes. Makes me nauseous how low the USmint has fallen. I've seen recent gold proofs w obvious errors.
The premiums are so out of control.
Our Britannias have a tendency for milk spots. Shame because it’s a lovely coin
@@DR-oy9wc yup pretty pathetic anymore ,whole country getting that way really!!
Every time I have checked Bullion Max they have always had the highest premiums
Ya, they are the most expensive I think
@@coctailer The Dragon should likely unhitch his wagon from these guys.
SD and Hero Bullion are more affordable
@@DR-oy9wc monument metals and bullion exchange are where I find most of my deals
Agreed. Bullion Max is pricey.
I love the Krugerrands for some reason. Going to stack some more of them
I like Krugerrands it's 1 of my favorites
I am 45 years old and just started stacking silver. I have a mixture of rounds, coins, and bars. I wish I had started doing this years ago.
I'm 42 and just bought my first 50 oz of silver to stack. Your right I wish I did this years ago
I'm 28 and just started stacking silver and gold, I got my mom to buy some too 😁👌
He is awesome, glad you got him on. Wanted to add, I was having a tough day a week ago and when I got home and checked my mail I had a sweet surprise, a Silver Dragon Silver Back, I was a winner, perfect timing, fun surprise. Thanks for what you do.
...another great one as usual. I received my Silver Dragons/Silver Back in the mail yesterday. It is wickedly awesome! All of my family members oohed and aahed over it. I ordered a silver and black currency sized picture frame for it. Can't wait to display it! Thank you Silver Dragons & BullionMax for the amazing prize!
Are you from Mass??
Interesting content. Is it still advisable to leave idle money in a savings account at an average interest rate of 0.85%? I want a better way to diversify my portfolio and with current inflation, crypto gain taxes are no joke. I also have to ask, due to the current crash in stock prices, housing, and the financial market in general, I would like to know the most efficient way to make my money work for me without falling due to market fluctuations as we are in a bear market. Any tips?
I've been thinking about the market for a year now and most people wouldn't know what to do because this is their first bear market, after hitting an all-time high, it would be so sad but then have you tried contracting a cfa to establish a diversification plan? Basically, I just made my first $100,000 in a time of high Fed pivots, you should consider investing in mutual funds like Vanguard, Schwabs, or Fidelity. Crypto is also good because the returns are quite high, but to be on the safe side. Choose stock-based mutual funds
@@mondior5566 i should retire in a few months, so any tip would be nice, and yes i have also tried to get a cfa but it is hard to find one that truly grasps the entirety of the different sectors, i am very open minded plus if i can't have it all then there is no point, if you get what I mean
@@mikemike1200 sure it took a while to find the right cfa for me but it has been up from there honestly, my cfa has been great so all my profit margin success is just honestly him
@@mondior5566 That must be nice, after all these past months I have lost over £103k I need to get to your cfa, I really need a good diversification option right now and I would appreciate it so much
@@mondior5566 I can't place where I heard that name, but I’m sure it is familiar, I have been hesitant because of the bear market and crypto tax in my country, I did this last year, only to miss out on a lot of good projects and I wouldn’t be happy if I repeat that same mistake. so you can understand my haste. I got a little more than £127k in my HYSA(Savings Account), I know it needs proper management cause I need my money to work for me, I can’t just have money sitting there for nothing.
I don't always buy the high premium coins, but when I do I buy Maples, Brittania and going forward maybe philharmonic.
Great video for new stackers. Reassurance for veterans. 👍
Hi there S.D. it's always nice to see Sean on your show. Thanks for all the information.
dealing with a reputable coin dealer is the best bet for buying and selling.
bullion max is extremely high on silver, my lcs is only 2.50 over spot. what is with the high premiums with online dealers? they should be cheaper than a brick and mortor store.
I walk into a dealer with cash and walk out with silver. Best method. I don't like shipping which equals an extra premium .
getting frustrated with the "click words" like EXPOSE !! your channel is one of the best out there .. doesn't need any key words IMHO ... thanks for all your hard work !!
Just did a quick comparison. SD bullion was a little cheaper on rounds.
Ck SD's price on Britannia's. Comparable to rounds
Their mailing process doesn’t impress me. Not safe in my opinion. Now if they would mail my order in a box 📦 that would change my mind about them, otherwise they are sufficient in quality, etc.
I love Bullion Max. Thanks for the update Silver Dragons. Great info
Silver Dragon, I've learned alot from you. Thank you for doing your channel!
I enjoy this inside look, it's very insightful. Thanks!
Thinks for sharing that. I got my first package this week and you are correct, it's like Christmas in January. Looking forward to more Christmas mornings. 👍
Isn't it odd that when silver was around $17 per oz that Eagle premiums were such that the per coin price was $34. Now that spot is $24ish the per coin price is still $34? Market manipulation???
Yes it is market manipulatuon
Where are you seeing ASEs at 34? Cause I’ve only seen them recently at or around $40
Good video, and entertaining. Thank You Sir.
I remember ordering some silver Brits online and the package was accidentally sent to my next door neighbor instead. Fortunately, my neighbor knew the package wasn't his so he delivered it to me in person. I mostly blame the postal service carrier since USPS is crap in my area, but I never have this issue with UPS or the other carriers. This is why I usually prefer to buy PMs in the shop imo😄
Crap delivery in Metro Detroit Area too.
Wow! The same happened to me. I literally had to call USPS and they found the carrier and sent him back to my building (NYC). He was defending his job and believed he did everything right UNTIL he opened the mailbox... Low and behold he gave it to my neighbor (She stole another package from me and when i knocked on her door she handed me my package😐). May have to go in person as well. 😏
USPS is CRAP everywhere!
@@EshhhaBenjamite is that neighbour african-american by any chance?
Love the perth mint lunar series!!! Their platinum series are 5k mintage only!!
Just thought I'd put this up. The A E's are being counterfeited out the butt. I got my first one's Nov. 22. Weight was spot on, not magnetic, Reed was missing at the sun too. Diameter was off just a tad , thickness too so I tested my calipers on a burnished from the mint. Would not pass ping test. What caught my eye on my fakes was the sun's small ray at 9 o'clock was missing on every one. I got my money back and did not have to return the fakes. They were not cheap either, . Watch out who you buy from!😛😛
Who did you buy your AE from?
Must have purchased from Ebay
Well I'm one of those that don't have a coin store in the town I live in. The nearest one is an hour and a half away. So my only option is bullion dealers. I haven't ordered from Bullion Max yet. I did win one of the Silver Dragon silver backs. It is beautiful!!! I've been looking at bullion max lately I may pull the trigger next time I buy. Great video, great information. Thanks. Keep on stacking brother!!!
You don’t get the premiums back from minted coins so may as well go for cheapest silver possible.
Hey S.D. just wanted to shout out bullionmax and yourself and say thanks just got my Silverback from the giveaway. So amazing, thank you so much bullionmax!!!
Excellent interview. Great insights!
BMX was crazy fast with my orders, even with a new ACH as a first buyer there, during Christmas rush. I like my Silverback, too. My spouse always looks a bit angry when I get a "surprise gift" in the mail. But she knows I'm buying money instead of trash.
What is the ACH payment? I don't know what that stands for. 🤔
I sold off 100 Maples , Philharmonic, Roos and Elephants , along with some silver rounds last week. I travel from central to south Florida every week so I called 20 coin shops including some I’ve patronized for years….You get the same amount upon LCS buyback for low premium coins as low premium rounds…The best silver to buy is the least expensive 1 oz rounds in tubes. However selling to a fellow stacker (which I did) you at least get a retail premium , and your coins are more desirable than rounds.
Perth mint lunar series by far One of my favorite I have every single one so far to date 1 oz
Never thought I'd see any other site be higher than Apmex, but BillionMax certainly takes the crown now, absolutely overpriced more than any site or LCS I have seen. Pathetic, especially coming off the silver lows and high premiums we just experienced the last couple of months. They should have their ish in order. $30 buffalo rounds is terrible, absolutely terrible!
Been using Golden State Mint for a while. Never had any issues
Thanks for the info
Big like number 684! Excellent video and thank you so much for sharing!
My LCS will buy Kilos and 100oz silver bars all day every day.
Milk spots will render any coin to spot price.
A lot of people saying silver premiums are going down and that there's no silver shortage
Are the premiums going down though?
@@davidhimmelfahrt3732 that's y I'm asking both questions to the ppl that supposed to know
Premiums are coming down.
Coin show in Ohio today-
1oz gold maple-3.8%
ASE- $32
Rounds- $27
90%- 19x
No silver shortage in Ohio.
Darn premiums, I like 10z bars.
The premiums on the solve regales discourage me from buying smh.
We may be entering a period where the liquidity of our metals should be under greater scrutiny. Also allocate by weight rather by USD matrices. Your silver portfolio should be that equal or above the GSR in order to establish maneuverability within the physical market. (Suggestion)
How does one equal or go above the gsr?
For us dummies what exactly do you mean? 80 oz. Silver 1 oz. Gold?
The gold to silver ratio GSR based on or by market value (not out of ground) is basically how much one product is paired to another (in this ounces of silver to a single ounce of gold). As of today 3/27/23 the GSR is about 85:1 (84.9 I rounded up). So for every 85 troy ounces of silver it is equal to a single troy ounce of gold. If you have for example 120ozt of silver, you are ahead of the GSR by 35ozt (one kilo). Which you could possibly allocate another half ounce of gold and have 3ozt of silver remaining.
@bobbyagee3796 Thanks for the information. If I understand you correctly, I can figure out the GSR by dividing the price of gold by the price of silver, and this is the GSR?
Only buy sovereign silver coins when there’s a special deal. Some companies buy back silver and gold and pay the insurance and shipping
I love my online bouillon dealer.. I tell them what I want and they send it to me on a payment plan for zero extra cost. I have gotten 1000 dollar plus coin without any payment made. At the same time I always pay fast and I have been with them for a couple of years now. It's almost as a personal relationship as I have with my lcs but my last wants all the money at one time.
Great talk
Eagles have high premiums, only because people will pay it. I’m done with it until premiums come down, meaning people refuse to pay it. That may mean that I’m done, period. I have plenty... would like more, but not at that premium.
I got the whole set of American shields Shakra ! bought them 6yrs ago ! they have gone up !
I started off buying 1kilo silver bars and then switched to buying rounds.
Did y'all miss that? I call BS!
You agree that the premium on Eagles starts at $2.35 at the Mint. And the we jump to "our price is $17.50 but we don't make anything on that" and you don't explain?? If you don't make anything, whotf does? Hey SD, please ask the hard questions! Shipping, middlemen, codb, all apply to every product!
C'mon Man! Tell us where the other $15 go ON EVERY COIN.!
Yeah, I caught that one also.
Keep hearing this advice about the big bars. So, why should we "Keep stacking" if the LCS can't handle buying back 1 kilo? And I'm supposed to believe that they'll buy back more than they have to, to maintain the facade? Someone show me this big silver sale back to the LCS. Let me see them buy 100 Silver Eagles back for over spot. I don't think it will happen. Drive far to the next one, they almost certainly warn and coach each other about shoppers. Car dealers do. I know.
I guess I won one of the Silverbacks from BMX received yesterday! They are so purty
My local coin shop wanted 6 bucks an oz on silver spot prices the other day. It didn't matter if it was generic poor's of any size, bars of any size or buffalo rounds, anything else was 10 to 13 bucks an oz over spot. Is this normal?
I stack all silver and all gold.
I do not discriminate
Why is there only 1 dragon in your logo... That's not dragonS
I have a coin shop a mile up the road from my home. I have been buying silver rounds for $2.00 over spot and maples and eagles at $29.00 for 1ounce coins. Is this a decent deal?
2$ over spot is good imo
Great video. I wasn't born yesterday. The on-line dealers make plenty of money on premiums. Of course, some will gaslight you into thinking that they do not. You will never get the premiums that the dealers get, when you sell your own metals back. It is a shame really.
Nice video sd!
All the coins stores around my area are making margins on both sides. They sell for a premium, and buy below spot regardless of the coin. It's frustrating....
Interesting I did have a look at bullion max nit much stock and the premiums are at the highest level I’ve seen
I found it is cheaper to buy from a legit coin dealer but through eBay there is no shipping charge! Which is a big deal it adds too much to your purchase and eBay has no shipping but only the legit coin shops!
Good advice. Good interview!
Big EXPOSURE!
If you live in the UK then buying silver is not a great idea. All bullion deals except Gold that is legal tender are subject to VAT and/or Capital Gains Tax.
I'm buying Gold Britannias. If the price at around £1600 each is a problem then consider Sovereigns.
The red flag lied about the perth mint gold they bought i think they trying to pull their strong hold tactics on perth mint it was top quality
I just started buying silver and have done it through a reputable dealer on ebay cause of the price diference on their web site, but also started to see silver and gold being sold on tiktok and at much lower prices ( 2-3 dollars over spot) has anybody bought on tiktok please chare your comments
I recently added some Krugerands to my stack and noticed that they say fine silver but no 9’s
The Margin on the One ounce silver kangaroo coin is in excess of 20 % , a bit much ! On a Canadian silver coin as much as 40 % plus and when you sell , well you get the spot price less the 5 % or so Margin , one will have to wait for a 50% jump before to break even , Sad !
What about discretion on my purchases..
Let's say,I buy $500 of lower premium silver.. I don't want anyone to know what that $500 purchased..
How does it show up on my statement
This was just a commercial for this guy’s store…..
This dragon is sort of cool I watch others pour silver into whatever this dragon would look coin on a coin, do you have it? If not if you showed us pouring it and offering well I bet you could not keep up with supply yet it is a quick cash dump I would buy it. When I look at silver content creators merch it is usually cups and t-shirt heck I want coins
I had a great experience buying from Bullion Max!
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Bullionmax has rhe highest prices of any online dealer
I always buy a coin over a round I have lot coins not one bar a few rounds because I thought they nice pocket coin to carry like silver
Only one tube of eagles, Constitutional, 1,10 kilo & 100s. Morgs & old numismatics the most.
Guys,
Here is what you do when you decide to Liquidate your silver. YOU BECOME A DEALER and SELL IT .25 cents less than the market. Set up a website, sell it as a business! Its easy.
I love eagles and maple leafs and Britannia's and anything Perth mint and philharmonix and kangaroos and Buffalo's and alot of the fun stuff....If it's silver or gold I like it!
Bullion max, SD, JM and Apmex are the most expensive. Bold, Monument, Hero and BE are much less expensive.
When I first started SD was in that list of less expensive, but in the last year or so, you are correct they have moved up into the more expensive group.
Check out Celtic Gold. Good prices, very honest, arrives within 7 days. I'm new to stacking. Someone recommended Celtic Gold to me. As far as I can see, they are the lowest price on coins.
Lower than Hero Bullion?
This sounds like an advertising showcase
Is shipping guaranteed to Japan? I would hate to drop a couple thousand dollars and have a no-show package.
The best silver to stack is yellow and looks like gold...
I was stacking American Silver Eagles but then the premium got too high. I would have had to wait too long for silver appreciation to break even. This year I am building my rounds because to sell my LCS pays spot for a round and only pays one dollar over spot for the Silver Eagles. Why am I going to pay nearly $17 over spot only to get a dollar back?
8.95$ premium
is what bold is charging for ASE
@@dronetestdaegan Hero is currently $8.29 over spot on 2023 ASE.
I usually prefer to buy 10oz or 100oz bars. But I have purchased a significant amount of 1oz Silver Eagles and silver rounds.
Shop around and find a local coin shop or Bullion dealer: not shipping, not insurance.
Love lunar collection
Can't go wrong with Buffalos
Silver is silver, an ounce is an ounce, Your paying for the stamp on it.
Whaaaat? Right off the bat this guy has it wrong. Larger silver bars always have lower premiums than one ounce rounds. 🙄
What does he mean premium that starts with a 4
Bullion max is always out of stock of dam near everything. Been checking for the past 2 months and always says out of stock on 90% of all of their stuff. I never have this problem with SD Bullion or Money Metals Exchange. I’ll pay a premium with them because they always have product in stock.
I checked out bullying Max prices too high
Sean is a real gentleman I recommend Bullion Max for gold and silver purchases.
I never buy generic
ACH is awesome, but I won't use Plaid, they want your bank acct password, that's a big red flag in my book!
SD Bullion wants the same for e-checks.. use Plaid to process and that includes giving them your cking acct password (I don't have prob w/ acct # & routing #). Called my bank (is a large banking syst), they said they don't 'honor' them. I take that as a do at your own risk, you want to give out your password your on your own. Otherwise any fraud on my accts they are good at handling. So, NO! I do think they (Plaid) handled a verification of acct somewhere else (they deposit two small amounts, you verify the amounts and then they reverse/take back the amounts and your verified). No prob doing that either (have several times over the years [Ebay for one]).
Looks like Chase bank won't honor either (per note on SD B site).
No More Eagles. Too expensive. I do not like the design anyway.
What is premium?
Premium is the term used for the amount over spot price the dealer sells to you for.
Silver is silver, go generic LOL … when you sell they look at weight nothing else. Also if your selling silver there gonna eventually melt it so why worry about the cute designs on silver. 😅
Everything else is made up, to get more price for silver
Not seeing any silver rounds with .9999 . All I see are .999
Maples all the way, no milk spots
Why do these people sell gold and silver for fiat if the dollar is such a horrible thing? Why don't they keep it instead of selling something of worth for something that isn't worth much?